Class Counsel Disbursements definition
Examples of Class Counsel Disbursements in a sentence
Class Counsel Disbursements and Class Counsel Fees shall be reimbursed and paid solely out of the Trust Account after the Effective Date.
No other Class Counsel Disbursements or Class Counsel Fees shall be paid from the Trust Account prior to the Effective Date.
THIS COURT ORDERS that in the event that some of the Settlement Amount remains in the Trust Account after payment of Class Counsel Disbursements, Class Counsel Fees and Administrative Expenses, Class Counsel shall seek direction from this Court regarding the distribution of the remaining funds.
Notwithstanding the foregoing, the Ontario Court has jurisdiction to approve Class Counsel Fees and Class Counsel Disbursements for Ontario and BC Counsel.
This paragraph shall not be interpreted as affecting the rights of the Plaintiffs or the Settlement Classes to claim such Class Counsel Disbursements in the context of a future costs award in their favour against the Non-Settling Defendants, or the rights of the Non-Settling Defendants to oppose and resist any such claim.
Notwithstanding the foregoing, the BC Court has jurisdiction to approve Class Counsel Fees and Class Counsel Disbursements with respect to BC Counsel and Ontario Counsel.
THIS COURT ORDERS that the Settlement Amount shall be held in the Trust Account by Siskinds LLP for the benefit of Class Members and after the Effective Date the Settlement Amount may be used to pay Class Counsel Disbursements incurred for the benefit of the Settlement Class in the continued prosecution of the Proceeding against the Non-Settling Defendants.
THIS COURT ORDERS that any funds remaining in the Trust Account after payment of approved Administration Expenses, Class Counsel Fees and Class Counsel Disbursements shall be distributed to Settlement Class Members in accordance with the Distribution Protocol.
Class Counsel shall seek the Courts’ approval of Class Counsel Fees and Class Counsel Disbursements to be paid as a first charge on the Settlement Benefits.
THIS COURT ORDERS that the Settlement Amount shall be held in the Trust Account by Siskinds LLP for the benefit of Class Members and after the Effective Date the Settlement Amount may be used to pay Class Counsel Disbursements incurred for the benefit of the Settlement Classes in the continued prosecution of the Proceedings against the Non-Settling Defendants.